Zahid proposed minimum wage for skilled workers RM3,500
an increase from current RM1,200
this was to match minimum wage of migrant skilled workers
encourage more M'sians in technical, vocational education, training (TVET)
must raise minimum wage of M'sian skilled workers to match workers from abroad
He also estimated minimum wage would rise to RM5,000 by 2030
Why must we recruit migrant skilled workers for RM3,500?
To me, it’s very unfair.
I would like to see products of TVET Malaysia enjoy higher minimum wage
skilled migrant workers from China, Indonesia and working in construction
My comments : I really dont know where to begin. Lets be Irish and begin at the beginning.
Where did Zahid get this magic number RM3,500?
Why not straight away make it a nice round figure like RM5,000?
Why stop at RM3,500?
If foreign skilled workers are paid a minimum RM3,500 that is an option.
It is not a law.
Employers still have a choice to employ local workers (skilled or semi-skilled) for less or more than RM3,500. Its their choice.
Or they still have the option to employ semi skilled foreign workers for less or more than RM3,500 and train them up. Its their choice.
Let the market decide.
If an employer decides to hire a skilled foreign worker it must be because :
a. the foreign worker generates an output that is higher than RM3,500 per month.
b. the employer CANNOT get a local worker to do the tasks that need to be done.
It is a choice for the employer.
No one forces him to hire the skilled foreign worker.
But if you pass a law or regulation that ALL skilled workers must be paid a minimum RM3500 then you remove the option for the employers. You place a higher burden on the Malaysian economy. It is no more a choice.
It will increase the cost of doing business in Malaysia.
Can every local worker (skilled) generate a profit per worker in excess of RM3,500 per month? I dont think so. This is where Zahid's idea will burden the Malaysian economy again.
These are populist statements made by dunggus like Zahid to win votes from the kampong people.
Zahid does not understand anything about business or economics.
Setting minimum wages for skilled workers at RM3,500 will create huge turmoil.
What exactly do you mean by a 'skilled worker"?
Oh ok - does skilled worker mean someone who has a certificate saying he is a skilled worker?
No certificate no skilled worker?
Who issues these certificates?
The sijil kursus kahwin fellows?
What about that "1.5 million Bangla work permits" fellow?
What is the definition of "skilled worker"?
What about the worker who is skilled because of on the job training and work experience - but no certificate?
He does not deserve RM3,500?
Without any certificate how does he prove that he is a skilled worker?
This will certainly create more unemployment.
Not every factory or company can afford to pay RM3,500 for every skilled worker.
They cannot afford to pay so much money. They will fire their skilled workers or they will have to close shop because the cost of doing business will be too high.
This will create higher unemployment among skilled workers. More will become unemployed.
The higher minimum wages will also mean that prices will go up because factories and businesses must increase their prices to recover the higher minimum wage of RM3,500.
Zahid says by 2030 the minimum wage should be RM5000.
Why not say that it will be RM10,000 minimum.
The young girl who can make cheesecakes and chocolate cakes in the Kedai Kek is certainly a skilled worker. But if she is paid minimum wages of RM3,500 that means she can make more money than the Owner or the Boss.
This is because an ordinary Kedai Kek only generates a net profit of a few thousand Ringgit per month for the Owner.
Menteri tak tahu niaga, tak faham ekonomi, tak tahu kira, tak tahu apa pun tapi nak jadi pengerusi jawatankuasa gaji minima TVET pula.